At ACLBC We

Are actively transforming properties across our community, and you can be part of it. Whether a site is already under renovation, in planning stages, or ready for its next chapter, developers have the chance to step into projects with momentum. These properties often come with cleared titles, mapped utilities, and community support, making it easier to build something lasting. By joining forces, you help bring new life to homes, blocks, and neighborhoods, creating places people are proud to call home. Explore how your skills and vision can make a difference right here, right now.

If you are a

Prospective developer, then you have a unique opportunity to partner with the land bank on properties that are already in motion, whether slated for rehabilitation, actively undergoing improvements, or in the final stages of transformation. By joining these efforts, a developer can accelerate timelines, contribute specialized expertise, and take advantage of pre-cleared sites, existing plans, or partial infrastructure. These properties offer a head start, with many already vetted for zoning compliance, utility access, and community alignment. Whether you’re looking to build, invest, or collaborate, this is your chance to step into projects with momentum and shape the next phase of revitalization.

Below you will find a gallery of a few key properties that are currently in motion, under construction, and/or in planning and development phases.

4-6 Main St. Friendship NY Rehabilitation

This Site is a historically significant mixed-use building undergoing restoration through the Allegany County Land Bank.

The is one of the oldest buildings in Friendship and eligible for the National Register of Historic Places. Restoration must comply with state and federal historic preservation standards. All of which we are in the process of finishing through the SHPO phases for approval.

The Land Bank is actively seeking collaboration with developers, architects, and community stakeholders. There’s interest in expanding the footprint to include adjacent parcels like 8 West Main Street and the Antique Barn for parking or additional use.

The property is vacant and deteriorated but has architectural integrity. The Land Bank has initiated stabilization and is seeking qualified developers or design firms to assist with rehabilitation.

Plans include ground-floor commercial space (e.g., storefronts) and upper-floor residential or community use. The goal is to preserve the building’s character while meeting modern codes and community needs.

The project is supported in part by New York State Homes and Community Renewal (NYSHCR). Developers may be eligible for up to 50% historic tax credits and other public funding incentives.

The Town of Friendship has passed a resolution supporting the Land Bank’s Main Street project and committed to future collaboration.

This site is ideal for developers interested in historic preservation, mixed-use revitalization, and community-centered investment.

8 Main St. Friendship NY Rehabilitation

is a standalone structure located just two feet east of the historic 4–6 Main Street building.

8 West Main offers a rare opportunity for block-face continuity, shared access, and coordinated redevelopment. Its adjacency makes it ideal for developers seeking to expand their footprint or create a unified design across parcels.

The Land Bank acquired this property through the county tax auction specifically to support and expand the redevelopment potential of 4–6 Main Street. It is now part of a multi-parcel revitalization strategy.

The Land Bank holds full ownership. The structure requires similar rehabilitation as 4-6 Main St., but retains a viable layout for first-floor commercial use and second-floor residential. It is not intended for complete demolition or conversion to parking.

This site complements the historic restoration next door and offers flexibility for retail, office, studio, or service-based commercial use on the ground level, with residential or live-work space above. Its standalone status allows for independent or integrated development.

The property is vacant and deteriorated but has architectural integrity. The Land Bank has initiated stabilization and is seeking qualified developers or design firms to assist with rehabilitation.

Developers working on 4–6 Main can incorporate 8 Main into their plans for shared utilities, coordinated façade improvements, or expanded tenant offerings. Together, the two buildings form a strong anchor for Main Street renewal.

Plans include ground-floor commercial space (e.g., storefronts) and upper-floor residential or community use. The goal is to preserve the building’s character while meeting modern codes and community needs.

The project is supported in part by New York State Homes and Community Renewal (NYSHCR). Developers may be eligible for up to 50% historic tax credits and other public funding incentives.

The Town of Friendship has passed a resolution supporting the Land Bank’s Main Street project and committed to future collaboration.

This site is ideal for developers interested in historic preservation, mixed-use revitalization, and community centered investment.

31 Grover St. Wellsville NY

Historic Residential Rehabilitation with Tax Credit Integration

This is a Land Bank-owned residential property in Wellsville, NY undergoing phased rehabilitation with historic tax credit support. This 2,030 sq ft single-family home sits on a 0.2-acre lot and is part of a strategic effort to preserve architectural character while restoring livability. The site is ideal for homebuyers, builders, preservationists, and investors seeking a tax-advantaged rehabilitation project in a walkable neighborhood.

SHPO has approved Part 1 and Part 2 of the historic tax credit application. Rehabilitation work is aligned with preservation standards.

The Land Bank holds full ownership.

Scope of Work (In Progress):

*Selective demolition and asbestos abatement complete

*Rear roofing and porch stabilization completed

*Architectural drawings and construction specs underway with Clinton Brown Architecture Company

*Environmental review in progress

*Historic window restoration paused (potential BOCES training opportunity)

Located in a quiet residential area with proximity to schools and services. The Land Bank is exploring educational partnerships and community engagement through restoration work.

Development Pathway:

*Clinton Brown Architecture Company selected for design

*RFP for qualified builders completed

*Historic Structure Report and scope redraft complete

*Shed constructed by GVCS students

*ACAF grant reporting submitted

The project is supported in part by New York State Homes and Community Renewal (NYSHCR). Developers may be eligible for historic tax credits and other public funding incentives.

This property is ideal for builders who value historic character, community impact, and tax credit integration. Whether you’re looking to complete a full restoration or partner on educational programming, 31 Grover Street offers a compelling blend of legacy and opportunity.

*MORE PROPERTIES COMING SOON*